/ dɪˌnɒmɪˈneɪʃn; NAmE -ˌnɑːm-/ noun ( formal )
1.
a branch of the Christian Church :
Christians of all denominations attended the conference.
2.
a unit of value, especially of money :
coins and banknotes of various denominations
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WORD ORIGIN
late Middle English originally referring to the action of classifying something: from Latin denominatio(n-) , from the verb denominare , from de- away, formally + nominare to name. Sense 1 dates from the mid 17th cent.